Why U.S. Schools Are Facing Their Biggest Budget Crunch in Years
After several cash-flush pandemic years, school districts across the country are facing budget shortfalls, with pressure closing in on multiple fronts.
A flow of federal dollars — $122 billion meant to help schools recover from the pandemic — is running dry in September, leaving schools with less money for tutors, summer school and other supports that have funded pandemic recovery efforts over the last three years.
At the same time, declining student enrollment — a consequence of lower birthrates and a growing school choice movement — is catching up to some districts.
The result: Districts across the country must make tough decisions about cuts that will affect millions of families as soon as the next school year. The cuts, which many districts put off during the pandemic, could interrupt the recovery of U.S. students, who by and large have not made up their pandemic losses.